Guinea vs Mongolia: Gross fixed capital formation, private sector
Gross fixed capital formation, private sector over time
- Guinea
- Mongolia
How they compare
Guinea currently reports 1.69 trillion current LCU against 1.46 trillion current LCU in Mongolia, a difference of 222.30 billion current LCU.
That makes Guinea's figure about 1.2 times Mongolia's.
Across all 11 years both countries report, Guinea has been ahead every year.
Guinea ranks 29th and Mongolia ranks 32nd of 105 countries.
Guinea has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Guinea | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 586.08 billion current LCU | 199.39 billion current LCU | 386.69 billion current LCU | Guinea |
| 2000s | 998.42 billion current LCU | 446.78 billion current LCU | 551.64 billion current LCU | Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, private sector, Guinea or Mongolia?
- Guinea, at 1.69 trillion current LCU against 1.46 trillion current LCU in Mongolia as of 2005.
- What is the difference in gross fixed capital formation, private sector between Guinea and Mongolia?
- 222.30 billion current LCU, with Guinea ahead.
- How many years of comparable data are there for Guinea and Mongolia?
- 11 years are reported by both, from 1995 to 2005.
- How do Guinea and Mongolia rank globally for gross fixed capital formation, private sector?
- Guinea ranks 29th and Mongolia ranks 32nd of 105 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross fixed capital formation, private sector (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.